Amazon CEO Andy Jassy also said it might be possible to sell non-fungible tokens (NFTs) on its e-commerce platform and expects NFTs to continue to grow "significantly."

The Conservative Party of Canada is showing more interest in cryptocurrencies, which some members of the party say are still not well understood in the wider public.

Some of Canada's leaders in the blockchain and cryptocurrency sector have launched a non-profit aimed at moving the needle on regulation of digital assets.

In a news release on Monday, the service said this is not a localized scam and that other major cities have been hit as well.

``It's about creating a culture and environment for all of those groups of people who are inspired by (cryptocurrency) to migrate into that jurisdiction,'' Mosoff said.

Cryptocurrency has become a useful tool on both sides of the Russia-Ukraine war, with experts arguing it won't ruin sanctions but could help civilians affected by the conflict.

The "freedom convoy" organizers' cryptocurrency can be tracked and frozen in many cases, but there are a number of technological hurdles that come with attempted crackdowns.

In what the foundation says is a first for a health-care foundation in Alberta, the GRHF has partnered with The Giving Block to accept cryptocurrencies like Bitcoin and Ethereum.

Because cryptocurrencies are viewed as property in Canada, investors could owe taxes to the Canada Revenue Agency depending on the situation.

The federal government's latest emergency orders seek to cut off the flow of crypto assets to the so-called "Freedom Convoy," but experts say that's no easy feat.